3847 Prospect Avenue Culver City, CA ^$ 1,799,950

3847 Prospect Avenue

^$ 1,799,950

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3847 Prospect Avenue

Culver City, CA, 90232

^$ 1,799,950

Studio Baths1.0 Sq 7,702

Monthly Estimate*

^$ 11,229

Listed by MARSHALL REDDICK REAL ESTATE

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Studio

Multi-Family Home for sale in Culver City, CA

for $1,799,950 with 1 full bath. This 7,702 square foot home was built in 1965 on a lot size of 0.1722.

First time on the market in 49 years! 3847 Prospect Avenue is a rare 7-unit multifamily investment in the prime Clarkdale neighborhood of Culver City, near famed Sony Studios. Fully occupied with strong income, five of the seven units are spacious 3-bedroom layouts in high demand. The property offers 15 under-building parking spaces with potential to add multiple ADUs/units (buyer to verify), creating excellent upside. Located on a tree-lined street with beautiful architecture, tenants enjoy walkability to restaurants, retail, and conveniences, plus Culver City’s award-winning schools. Easy access to the 405 & 10 freeways makes commuting to the beach, DTLA, and Westside job hubs a breeze. A true gem with solid cash flow and long-term potential in one of LA’s most sought-after rental markets. With its prime location, steady rental income, and expansion possibilities, this is a rare chance to secure a premier multifamily investment in Culver City.

Multi-Family Pending

Price

^$ 1,799,950

Bedrooms

Studio

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1722

Year Built

1965

Town/City

Culver City

County/Region

Los Angeles

MLS | Web ID

WS25227316

Days on Market

Features

General

Sewer Public Sewer

Heating Wall Furnace

Cooling None

Roof Common Roof

Garage Spaces 15

Architectural Style Mid-Century Modern

Pool Features None

Construction Materials Block Stucco

Year Built 1965

Tenant Pays Electricity Gas

View None

Property Subtype Apartment

Gross Income 147949

Community Features Storm Drain(s) Street Lights Sidewalks

County Los Angeles

Net Operating Income 105485

Operating Expense 42464

Insurance Expense 7531

New Construction 0

Property Type Residential Income

MaintenanceExpense 3245

Garage Y/N 1

Special Listing Conditions Standard Trust

Status Pending

Directions 405 to Venice Blvd to Prospect according to directions

City Culver City

Disclosures Rent Control

Entry Location Ground

Senior Community Y/N 0

Open Parking Spaces 2

Number Of Units Total 7

MLS Area C28 - Culver City

Lot Size Units Square Feet

Lot Size Square Feet 7502

Number of Units Leased 7

Listing Terms Cash Cash to New Loan Conventional 1031 Exchange

Spa Features None

Property Attached Y/N 1

Land Lease Y/N 0

Electric Expense 1583

Current Financing None

Trash Expense 3767

Water Sewer Expense 7056

Additional Parcels Y/N 0

Rent Control Y/N 1

Building Area Units Square Feet

Standard Status Pending

Year Built Source Assessor

Tax Lot 23

Total Actual Rent 12329.1

Property Sub Type Additional Apartment

Cap Rate 5.8

Interior

Flooring Wood

Fireplace Features None

Total Stories 2

Common Walls 2+ Common Walls

Air Conditioning Y/N 0

Heating Y/N 1

Fireplace Y/N 0

Laundry Features Common Area

Entry Level 1

Exterior

Fencing Block

Parking Features Covered Driveway Tandem

Water Source Public

Total Parking 17

Lot Size Area 7502

Number of Buildings 1

Spa 0

Building Area Total 7702

Lot Size Acres 0.1722

Road Surface Type Paved

Private Pool 0

Lot Size Source Assessor

Number of Separate Water Meters 0

Number of Separate Gas Meters 7

Number of Separate Electric Meters 7

Road Frontage Type City Street

* Excluded Features

List By

Marshall Reddick Real Estate

Broker

realinvestor.info@gmail.com

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$11,229

Per Month

Monthly Principal & Interest: $11,229
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Culver City, CA

Average List Price ^$2,327,873

Percent of Sale Price 29%

About Culver City, CA

40,089 Population

5% Since 2002

^$81,773 Median Income

41.76 Median Age

26% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/20/2025	$1,799,950		Listed Price

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3847 Prospect Avenue, Culver City, CA, 90232 is a Multi-Family Home for sale at $1,799,950 with 7,702 sqft and a lot size of 0.1722. 3847 Prospect Avenue is a studio with 1.0 baths and was built in 1965. The property's zip code is 90232 which is in Culver City, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/20/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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3847 Prospect Avenue

Multi-Family Home for sale in Culver City, CA

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